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Real Estate Business Review | Thursday, April 29, 2021
It comprises discovering the greatest investment prospects, calculating investment indicators, assisting with the purchasing process, assisting with property management, and tracking the investment's success.
Fremont, CA: Real estate benefits and contributes to Today's economic development. Real estate has proven to be a major asset type globally due to its combined advantages of consistent income yields and collateral value. Unfortunately, the real estate business has come to a standstill due to pandemic-induced market shifts and a rapid transition to a work-from-home culture. Still, it is strongly prepared for a rebound in the coming months.
"Our goal is to get everyone to build real wealth. We see real estate as one of the primary mechanisms for building real wealth. So as a part of this vision, we want to explain real estate investing in very simple and relatable metrics; help them understand the financial implications of making a purchase. And finally, show them the best investment opportunities currently out there," he continued.
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LitPoodle, a proptech firm that intends to take a unique approach to demystify real estate investing, launched the features on its website. For starters, LitPoodle offers a hassle-free end-to-end solution for residential property investing. It comprises discovering the greatest investment prospects, calculating investment indicators, assisting with the purchasing process, assisting with property management, and tracking the investment's success.
Aside from providing a free rent assessment for each home, the website distinguishes itself through its distinctive information presentation. For example, it makes specific suggestions about whether a property is worth investing in as to whether a property can transform an investor's or homeowner's downpayment into a million dollars in 30 years (based on a set of assumptions).
"You get the same details on a home listing as in any other traditional real estate website for the hundreds of thousands of listings - but in addition to that, you get a lot of user-friendly financial insights some of which you won't get anywhere else. Like you can compare homes with stocks or bonds, and you can find out where a listed property relatively ranks on investment attractiveness among all the properties listed nationwide," explained LitPoodle's CEO, Nikith Rajendran.
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